PENGU Token Surges 34.96% as ETF Developments and Coinbase Support Drive $1.1B Volume

PENGUUSDT experienced a sharp price increase in the past 24 hours, largely driven by heightened bullish sentiment across the cryptocurrency market following Bitcoin’s new all-time high and significant ETF-related developments. The SEC’s acknowledgment of Canary Capital’s ETF filings, including a hybrid ETF for PENGU and its associated NFT, contributed to a surge in trading activity and investor interest, further amplified by Coinbase’s adoption of a Pudgy Penguins avatar on social media.

As of the latest data from Binance, PENGUUSDT is trading at $0.030270, reflecting a 34.96% increase over the past 24 hours, with a 24-hour opening price of $0.022429 and substantial trading volume exceeding $1.1 billion. The asset has shown notable volatility, with prices ranging between $0.021350 and $0.029424 in the last day, and its market capitalization stands at approximately $1.80 billion, indicating strong market participation and interest.